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Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from …
Persistent link: https://www.econbiz.de/10012782308
Public sector corruption misapplies resources, increases poverty and discourages investment. Corruption, and … allegations of corruption, also weakens democratic institutions. This paper sets out a scheme for a Public Sector Ethics …
Persistent link: https://www.econbiz.de/10014053623
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10010506202
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10010459790
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10011408719
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
Persistent link: https://www.econbiz.de/10010507749
We address the problem of how to investigate whether economics, or politics, or both, matter in the explanation of public policy. We first pose the problem in a particular context by uncovering a political business cycle (using Canadian data covering 130 years), and by taking up the challenge to...
Persistent link: https://www.econbiz.de/10014061622
We investigate the relationship between economic freedom and corruption using data from U.S. states covering almost a …-country corruption indices assembled by various investment risk services, we use a more objective measure of corruption: the number of … government officials convicted in a state for crimes related to corruption. Second, unlike previous studies, we exploit both time …
Persistent link: https://www.econbiz.de/10010574391
Competition among local governments in a decentralized political system is often thought to discipline lazy or corrupt officials, improving public good provision and increasing welfare. Some scholars note possible distortions due to spillovers or a race-to-the-bottom, but suggest that central...
Persistent link: https://www.econbiz.de/10014070526
This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the … decrease. We also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify … circumstances under which the often observed practice of job rotation can help mitigate corruption. …
Persistent link: https://www.econbiz.de/10010507022